Apeejay Cash vs Common Stock Analysis
PARKHOTELS | 148.46 2.73 1.87% |
Apeejay Surrendra financial indicator trend analysis is way more than just evaluating Apeejay Surrendra Park prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apeejay Surrendra Park is a good investment. Please check the relationship between Apeejay Surrendra Cash and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Apeejay Surrendra Park. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Cash vs Common Stock
Cash vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apeejay Surrendra Park Cash account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Apeejay Surrendra's Cash and Common Stock is 0.91. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of Apeejay Surrendra Park, assuming nothing else is changed. The correlation between historical values of Apeejay Surrendra's Cash and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Apeejay Surrendra Park are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash i.e., Apeejay Surrendra's Cash and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Apeejay Surrendra Park, which is listed under current asset account on Apeejay Surrendra Park balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Apeejay Surrendra customers. The amounts must be unrestricted with restricted cash listed in a different Apeejay Surrendra account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Common Stock
Most indicators from Apeejay Surrendra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apeejay Surrendra Park current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Apeejay Surrendra Park. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. Selling General Administrative is likely to drop to about 42.7 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 623.3M | 660.4M | 759.5M | 673.2M | Depreciation And Amortization | 493M | 494.9M | 569.1M | 485.5M |
Apeejay Surrendra fundamental ratios Correlations
Click cells to compare fundamentals
Apeejay Surrendra Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Apeejay Stock Analysis
When running Apeejay Surrendra's price analysis, check to measure Apeejay Surrendra's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apeejay Surrendra is operating at the current time. Most of Apeejay Surrendra's value examination focuses on studying past and present price action to predict the probability of Apeejay Surrendra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apeejay Surrendra's price. Additionally, you may evaluate how the addition of Apeejay Surrendra to your portfolios can decrease your overall portfolio volatility.